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  • Saudi may confiscate unused land

    Saudi Arabia May Confiscate Unused Land For Housing-Minister

    Saudi Arabia’s housing minister said urban land left undeveloped could be confiscated to build much-needed homes, local media reported on…

    April 28, 2013 8:47
  • Saudi Arabia lowering oil prices

    Saudi Royal Decree May Ease $67 Bln Housing Logjam

    "The decree is an important step that begins to address the gap between demand and supply of land in order to begin building the amount of units promised," said John Sfakianakis, chief investment strategist at MASIC, a Riyadh-based investment firm.

    April 25, 2013 1:12
  • living social dubai gonabit

    Gloom Over Saudi Petchem Sector May Be Overdone

    The sector's net income slid 18 percent from a year earlier to 8.0 billion riyals ($2.1 billion) in the first quarter of this year, Riyadh-based NCB Capital calculated this week after the companies announced earnings.

    April 25, 2013 1:11
 
 
 
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